Fed to Bail Out Music Industry?

[Jason Tate]

http://www.pastemagazine.com/articles/2008/09/feds-to-bail-out-struggling-music-industry.html

According to the documents, attorneys for the Big 4 music companies argue that if the government is willing to take steps to protect Bear Stearns, Freddie Mac and Fannie Mae and AIG, who are only suffering because of their own risky investments and bad decision making, then it should do the same for other poorly run businesses.

I laughed.

[Twizx]

Lol.

[ActionActionFan]

Stupidest thing that I have heard in a long time.

[wrppdarndyrfngr]

ya b/c if one of the big 4 labels fail the whole economy is going down the toilet.

plus Sony is foreign

[Until The Bombs]

I hope not.

[x togepi x]

haha the fed should bail me out for my student loans too.

[redalibi]

No one should pay for your shitty music

[nfggc10]

"If the music industry collapses, the next domino would be local FM radio."Hmm, I thought FM radio was already dying.

If you're going to complain about putting out Motley Crue and Jessica Simpson albums why don't you stop wasting money on them to begin with?

[saysmydoctor]

haha the fed should bail me out for my student loans too.
This.

[x togepi x]

i will stimulate the fuck out of the music industry if the government wants to pay my loans off.

[oldwirehands]

I want to see the major music industry collapse. It wouldn't be the end but it could be built again and structured differently.

[Twizx]

I want to see the major music industry collapse. It wouldn't be the end but it could be built again and structured differently.

Indeed, it would be interesting to watch and be a part of as well.

[andrew4045]

humor at its finest

[GiggsOho]

as long as hackers live, music, movies, and porn will be free.

[aminorthreat55]

This is actually a wonderfully ironic response, hopefully (but probably not) made to demonstrate the absurdity of the golden parachutes the federal government gives to any major corporation who takes on risk and loses big.

[anamericangod]

Hahahahahaha. Fuck how all this economy shit is going down.

[TSLROCKS]

"If the music industry collapses, the next domino would be local FM radio. Do you know the fear and panic that would be caused by having 10,000 morning drive-time DJs out roaming the streets?"

:rotfl:

[open mind]

i'd love to see the major labels collapse....their buisness model is way past it's prime and has always been way to exploitive to boot.

[IcedOpethBlind]

wow

[Posthardcore]

:lol:

[Sventhegreat]

Just awful.

[crack n toast]

Yup.